What happens to venture capital when the market is down? : The Indicator from Planet Money What happens to the flow of venture capital when the market drops? We look at each player – from limited partners to venture capitalists to startups – and the choices they face when turbulent times are ahead.

The rocky road ahead for startups

The rocky road ahead for startups

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A monitor on the New York Stock Exchange in April 2022. Spencer Platt/Getty Images hide caption

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Spencer Platt/Getty Images

A monitor on the New York Stock Exchange in April 2022.

Spencer Platt/Getty Images

Stocks are down, especially for tech, and that changes the calculations for each player in the world of venture capital. From investors to startups, each is faced with hard choices when turbulent times are ahead.

Today, we follow the flow of venture capital money, and look at how decisions at the top of the funding chain trickle down.

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